Bitcoin's price bubble will burst under government pressure | Kenneth Rogoff

Bitcoin's price bubble will burst under government pressure | Kenneth Rogoff

7 years ago
Anonymous $wKBR2uNMvM

https://www.theguardian.com/technology/news-blog/2017/oct/09/bitcoin-price-bubble-government-cryptocurrency

The cryptocurrency is up 1,600% in two years – but state efforts to remove its near-anonymity will undermine its popularity

Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse.

Bitcoin's price bubble will burst under government pressure | Kenneth Rogoff

Oct 9, 2017, 12:17pm UTC
https://www.theguardian.com/technology/news-blog/2017/oct/09/bitcoin-price-bubble-government-cryptocurrency >The cryptocurrency is up 1,600% in two years – but state efforts to remove its near-anonymity will undermine its popularity >Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse.